How many jobs can be saved?

Calm down. Nobody will be kicked to the curb or instantly walked out of the building… unless you did something really bad (steal company property, harass coworkers, and the like), In my layoff from Intel years ago, I already knew it was coming as... — read more 

Manager says we are safe for now, and she cannot say what future holds. Should I start looking outside even if I survive this cycle of layoffs.

I am mentally not able to function and perform my day-to-day work duties due to layoff stress and seriously need to take a medical leave. Any idea about medical leave benefits at Intel and how long can I be on medical leave? I work in a CA site. ... — read more 

AMD 5.6B revenue with 15K employees Qualcomm 10.9B Revenue with 45K TSMC 20B revenue with 65K employees Intel 15.3B revenue with 121K employees Pat has big fantasies, the cost to us is large and probability of success low to nil. Build huge... — read more 

It is a PC company, Political Correctness for WSJ and FED. Annoying LAYOFF makes FED happier.

You need to forfeit your pay (including bonuses) Pat. You stopped earning it a long time ago.

Until now, I have always put in maximum effort, tried to have the best possible performance, but now I regret exhausting myself in that way. What did I get from giving my best? Pretty much nothing. All I got are worries about being laid off while... — read more 

So management is dangling the carrot with an oxymoron. They will resize and bring efficiencies, but again they will rehire the ones they are firing. You need lot and lot of courage and soul to speak such gibberish to fool the employees and still... — read more 

If there really is a 75% redundancy across the tech industry, how many more layoffs in the next 6 months?

No need to worry ahead of time, but still, the anxiety is astronomical. Are there any red flags, subtle signs by which a person can know that he or she will be cut?

Since all US companies are supposed to leave China operations, companies will already run off shortage. And with Chips act, more resources are required here than anywhere else. So don’t expect any layoff

If I was the evil Intel I would do the layoff prior to 11/15 so that all 8 weeks of redeployment would take place in 2022. Meaning no annual bonuses (EB) paid to anyone impacted. Although they’d still get the Q4 QPB (if there is one). Who wants to... — read more 

Congrats to Server group for making no profits with $3.2B revenue. How did you accomplish this? Others need to learn from you.

Intel this time adopted a grand policy unlike earlier ones. Smart indeed!!! They will ki-l by slow poison. Everyday we will be waiting to know that I may be called any moment to be hanged and everyday you do not get called you will start getting... — read more 

All the word play and uncertainty is giving me chronic anxiety, I have lost my sleep and peace of mind, can’t focus on work. It’s too much to handle :(

The wonderful thing about management is that they have the greatest ability to use old words in a new context. This time they used right size as an euphemism for telling us that they are coming to let us go gracefully. And the best part of this is... — read more 

In Yesterday's all hands when Pat was asked why over hiring was done in the last year, he shamelessly responded that they never knew revenue will fall from 76B to 65B. Oh what an argument! When revenue spiked by 20% during COVID, they did not know... — read more 

Is that true??

Usually layoffs are announced when announcing quarterly results, in this case there were no announcements so it is likely there will be no layoffs this quarter.

In my group , engineers and FLMs have been taking sick leaves in a unexpectedly high rate since last month. Is there a new virus affecting employees ?

By 2025, #Intel plans to #eliminate up to $10 billion in costs annually by restructuring its operations and #sales departments and focused on the development of domestic foundries. Intel is in a bad situation right now. Since the $280 billion... — read more 

"Musk terminated Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and policy chief Vijaya Gadde, according to people familiar with the matter."

Why intel not adjusting dividends?

Genius Pat and Team. At the end of the day what did we get? We do not know whether in the name of restructuring and redeployment how many will be laid off. It can be 5K, 15K, 25K, 30K just not 20K. Till end of Q1 maybe more we will live a... — read more 

Has there been any change for 2023 annual rewards process?

Here’s what I actually heard: 1- “No set criteria” So this means they will keep family and friends vs performance? 2- This new scheme. So what they are actually saying is well you have a couple of months to find work but no severance. So this... — read more 

If fired/ laid off, is the 9 weeks to find a new job internal/external paid?

Vmw went down hill under his leadership. Woke go broke. Invented basically nothing other than SKU bundling.

Pat is busy spending his $170m paycheck so he doesn't have time for layoff. No communication about number. It would be spread throughout 2023. First round would be by Q1 23 end. Enjoy your Christmas break.

Does anyone know rough count in engineering v/s rest of engineering at intel?

Obviously past behavior is no indication of what Intel might do in the future, but a common retirement strategy was to wait until after stock grants, since with rule of 60 you were pretty much immediately vesting if you have 20+ years of service. My... — read more 

Per Christi, communications for effected family members will happen “no later than Q1” for “this round” (Freudian slip?). Are they intentionally dragging this out to encourage family members to self select for the separation package (not VSP)? All... — read more 

This is crazy. why it is taking so long to take these actions. Plus the action around rewards. Man, why would one stay at this company. So for folks who are not impacted, will have to work more at less rewards. What ! Doesnt make sense. — read more 

Is the vsp tool open yet.